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Category: GlobeNewswire

  • MIL-OSI: Ageas and BNP Paribas: Transparency notification

    Source: GlobeNewswire (MIL-OSI)

    Ageas and BNP Paribas: Transparency notification

    In accordance with the rules on financial transparency*, BNP Paribas has notified Ageas on 3 October 2024 that, on 3 October 2024, its interest has exceeded the legal threshold of 10% of the shares issued by Ageas. BNP Paribas’ current shareholding stands at 10,91%.

    Reason for the notification
    Acquisition or disposal of voting securities or voting rights

    Notification by
    A parent undertaking or a controlling person

    Persons subject to the notification requirement
    See annex 1a

    Date on which the threshold is crossed
    3 October 2024

    Threshold that is crossed (in %)
    10%

    Denominator
    187,971,187

    Notified details
    See annex 1 b

    Chain of controlled undertakings through which the holding is effectively held, if applicable
    The full chain of command can be found on https://www.ageas.com/investors/shareholders

    Additional information
    This transparency notification is intended to declare that BNP Paribas S.A. has crossed, on a consolidated basis, the 10% threshold upwards. This transparency notification is made in connection with the transaction announced by BNP Paribas S.A. and Fosun Group on April 14, 2024. The 3,473,271 shares (1.85%) in the capital of Ageas held by BNP Paribas Fortis SA/NV are pledged to the benefit of holders of the “CASHES” (bonds exchangeable for Ageas shares) as security for BNP Paribas Fortis SA/NV’s obligation to deliver such shares to holders of CASHES upon the exercise of their right of exchange against Ageas shares pursuant to the terms and conditions of such instruments. The voting rights associated with these Ageas shares are suspended. In accordance with Article 10, §4 of the Law of May 2, 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market, voting rights held in trading books are not taken into account in this transparency notification.

    This press release and the notifications received by Ageas are available on the website.

    * article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.

    Ageas is a listed international insurance Group with a heritage spanning 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow, and is also engaged in reinsurance activities. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of EUR 17.1 billion in 2023.

     Annexes can be found in pdf version.

    Attachment

    The MIL Network –

  • MIL-OSI: Order.co Recognized in Spend Matters ‘50 Providers to Watch’ List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Order.co, a leading procurement and accounts payable automation software, today announced that it has been selected for Spend Matters ‘50 Providers to Watch’ list for the fifth consecutive year.

    Since its founding in 2016, Order.co’s commitment to streamlining procurement processes and enhancing efficiency has earned it consistent recognition from Spend Matters as a top innovator in the space.

    Spend Matters tracks some 1,500+ procurement and supply chain technology and services providers. Each year, its analysts evaluate market data to build an exclusive list recognizing fast-rising companies that develop innovative products in the market. While reviewing providers, Spend Matters was particularly impressed by Order.co’s ability to transform businesses’ purchasing and payment experiences through cutting-edge features.

    “Order.co integrates external purchasing content from any website or marketplace into a master catalog without requiring an API, helping SMEs manage and control spend centrally,” said Xavier Olivera, Lead Analyst at Spend Matters. “It also consolidates multiple invoices into one, streamlining accounts payable processes and reducing workload. This makes it an interesting solution for enhancing procurement and financial management.”

    Receiving this acknowledgment underscores Order.co’s ongoing commitment to saving businesses time and money through a revolutionary approach to procurement. “We are incredibly proud to be selected for Spend Matters ‘50 to Watch’ list for the fifth year in a row,” said Zach Garippa, CEO & Co-Founder of Order.co. “This continued acknowledgment is a reflection of our commitment to simplify buying for businesses and our unique approach to solving this problem. Through a combination of our single ecommerce storefront, AI, and powerful network effects, hundreds of companies are able to rely on us to predict and solve problems along their entire purchasing journey, while saving them time and money every step of the way.”

    About Order.co

    Order.co is a procurement and accounts payable automation software that helps businesses cut costs and complexity with every order. Hundreds of companies, like WeWork and Hugo Boss, leverage Order.co to centralize purchase-to-pay workflows, scale operations efficiently, gain total control over spending, and save an average of 5% on products.

    Founded in 2016 and headquartered in New York City, Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more. To learn more, please visit https://www.order.co

    About Spend Matters

    Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Learn more at https://spendmatters.com/

    View the full “50 Providers to Watch” list here: https://spendmatters.com/procurement-tech-recognition/ 

    The MIL Network –

  • MIL-OSI: EMGS – Vessel activity and multi-client sales update for the third quarter 2024

    Source: GlobeNewswire (MIL-OSI)

    Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  

    At the end of the third quarter 2024 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian completed transit from Brazil to Norway and commenced acquisition of previously announced prefunded multi-client projects including the OBN seismic survey.

    The utilization for the third quarter was 40% compared with 0% for the third quarter 2023. 

    EMGS had one vessel in operation and recorded 3.0 vessel months in the quarter. In the third quarter 2023, the Company recorded 3.0 vessel months.

    Multi-client revenues in the third quarter
     The Company expects to record approximately USD 0.5 million in late sale multi-client revenue in the third quarter of 2024. The revenue for the fully prefunded multi-client surveys, acquired in the third quarter, is expected to be recognized in the fourth quarter of this year upon final data delivery.   

    EMGS will publish its third quarter 2024 financial results on Thursday 7 November 2024 prior to 07:30 local time (Norway). A recorded presentation will also be made available over the Internet. To access the presentation, please go to the Company’s homepage (http://www.emgs.com) and follow the link.

    Contact
     Anders Eimstad, Chief Financial Officer, +47 948 25 836

    This information is published in accordance with the Norwegian Securities Trading Act § 5-12.

    About EMGS
     EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company’s services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel. CSEM technology can also be used to detect the presence of marine mineral deposits (primarily Seabed Massive Sulphides) and EMGS believes that the technology can also be used to estimate the mineral content of such deposits. The Company is undertaking early-stage initiatives to position itself in this future market.

    The MIL Network –

  • MIL-OSI: Form 8.3 – Digitalbox PLC

    Source: GlobeNewswire (MIL-OSI)

    Downing LLP
    LEI: 213800G3X76VBG9SB504
    08 October 2024
    Form 8.3 re. Digitalbox Plc

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Downing LLP
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a): Downing Strategic Micro-Cap Investment Trust Plc
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates: Digitalbox Plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: n/a
    (e)   Date position held/dealing undertaken: 07 October 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: Ordinary shares 1p
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 22,589,795 19.16    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 22,589,795 19.16    

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
           

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 08 October 2024
    Contact name:  
    Telephone number*: 0207 416 7780

    The MIL Network –

  • MIL-OSI: Badge and CyberArk Announce Partnership to Redefine Privacy in PAM and Secrets Management

    Source: GlobeNewswire (MIL-OSI)

    Partnership aims to help businesses eliminate vulnerable attack surfaces and provide a more streamlined user experience.

    SAN FRANCISCO, Oct. 08, 2024 (GLOBE NEWSWIRE) — Badge Inc., the award-winning privacy company enabling Identity without Secrets™, today announced a partnership with CyberArk and the public release of its integration in the CyberArk Marketplace.

    According to the CyberArk website: The Badge CyberArk Identity integration allows specified users to authenticate into CyberArk Identity and its downstream apps and services, using Badge. This enables user-centric privacy, allowing users to issue and revoke digital identity and keys on-demand using biometrics and/or other factors.

    The blog post mentions that privileged users hold highly sensitive access credentials and face an ever-increasing threat surface. This has made these users and their credentials prime targets for cyber-attacks. By leveraging Badge’s technology to eliminate the storage of user credentials, organizations benefit unprecedented security, while maintaining a great user experience.

    Archit Lohokare, CyberArk’s GM for Workforce Solutions, “CyberArk is excited to partner with Badge and offer this new integration. It is an important step forward in our mission to deliver comprehensive identity security solutions across all identities and all environments. Badge’s expertise in eliminating stored secrets and removing friction in difficult use cases complements our identity security platform.”

    Integration to CyberArk Marketplace

    Badge and CyberArk are launching a new integration that: 

    1. Enables unprecedented multi-factor authentication experience across all channels, including new and shared devices,
    2. Offers next-generation privacy technology and a more streamlined user experience to customers
    3. Brings phishing-resistant authentication to account recovery workflows.

    “We’re proud to partner with CyberArk. This integration represents a pivotal step forward in the quest to defeat cyber threats targeting privileged accounts. Stored privileged credentials are a high-target vulnerability, and eliminating this weak point is a big step forward. It also underscores the importance of innovative cybersecurity solutions and demonstrates how advancements in technology can be leveraged to enhance security measures across the board,” said Dr. Tina P. Srivastava, Badge Co-founder. “By addressing the vulnerabilities associated with traditional authentication methods like passwords, organizations can protect their most critical assets more effectively, ensuring that their ‘keys to the kingdom’ remain out of reach from cyber adversaries.”

    As cyber threats evolve, so are the approaches to cybersecurity. Together, Badge and CyberArk are helping businesses eliminate vulnerable attack surfaces and provide a more streamlined user experience.

    About CyberArk 

    CyberArk is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets.

    About Badge

    Badge enables privacy-preserving authentication to every application, on any device, without storing user secrets or PII. Badge’s patented technology allows users to derive private keys on the fly using their biometrics and factors of choice without the need for hardware tokens or secrets. Badge was founded by field-tested cryptography PhDs from MIT and is venture-backed by tier 1 investors. Customers and partners include top Fortune companies across healthcare, banking, retail, and services. To learn more: http://www.badgeinc.com.

    Contact

    Media Contact

    John O’Brien

    SBS Comms

    badge@sbscomms.com

    The MIL Network –

  • MIL-OSI: Renasant Announces 2024 Third Quarter Webcast and Conference Call Information

    Source: GlobeNewswire (MIL-OSI)

    TUPELO, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2024 third quarter results following the NYSE’s closing on Tuesday, October 22, 2024. The Company will hold executive management’s quarterly webcast and conference call with analysts on Wednesday, October 23, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time).

    The webcast is accessible through Renasant’s investor relations website at http://www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=YvWBKrUB. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2024 Third Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call.

    The webcast will be archived on http://www.renasant.com and will remain accessible for one year. A replay can be accessed via telephone by dialing 1-877-344-7529 in the United States and entering conference number 8626805 or by dialing 1-412-317-0088 internationally and entering the same conference number. Telephone replay access is available until November 6, 2024.

    About Renasant Corporation:

    Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 185 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis.

    Note to Investors:

    This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

    Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. Management believes that the assumptions underlying the Company’s forward-looking statements are reasonable, but any of the assumptions could prove to be inaccurate. Investors are urged to carefully consider the risks described in the Company’s filings with the Securities and Exchange Commission (the “SEC”) from time to time, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at http://www.renasant.com and the SEC’s website at http://www.sec.gov. The Company expressly disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    Contacts For Media:         
    John S. Oxford
    Senior Vice President         
    Chief Marketing Officer
    (662) 680-1219
    joxford@renasant.com      		 For Financials:         
    James C. Mabry IV
    Executive Vice President         
    Chief Financial Officer
    (662) 680-1281
    jim.mabry@renasant.com 

    The MIL Network –

  • MIL-OSI: Nokia and Centranet trial brings 50G PON speeds to tribal nation in rural Oklahoma

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and Centranet trial brings 50G PON speeds to tribal nation in rural Oklahoma

    • Demonstration of Nokia 50G PON solution enables Centranet to become the first company to connect a pilot subscriber in a tribal nation to a 50Gbps fiber connection.
    • Live commercial trial of Nokia Lightspan MF platform provides Centranet with the foundation needed to provide equitable, high-speed internet access to all.
    • Nokia is the only vendor supporting all next-generation PON technology options, allowing operators to choose the right strategy for their needs and business cases.

    8 October 2024
    Stillwater, Oklahoma – Nokia today announced that Centranet, a leading electrical cooperative, has become the first company to demonstrate a 50Gbps fiber internet connection for a tribal nation in Oklahoma. The live commercial trial, using Nokia’s Lightspan fiber solution, allowed Centranet to connect a pilot member of the Sac and Fox nation to one of the fastest residential internet speeds available globally. This marks a significant milestone for the company and its ability to close the digital divide for rural and Indigenous communities.

    The groundbreaking connection was unveiled at the Future of Rural Broadband Showcase, underscoring the company’s commitment to delivering world-class broadband technology to historically underserved regions. This is the first live commercial trial of 50G PON technology in a tribal nation, demonstrating how Nokia’s fiber access platform can be used to provide future-proof broadband access to communities of all sizes and densities.

    Using Nokia’s Lightspan MF fiber solution, Centranet can provide current subscribers with multi-gigabit speeds today, along with future 50G PON services needed for online education, telehealth, and digital services essential in the modern era. The trial with Nokia demonstrates Centranet’s commitment to ensuring equitable access to reliable, high-speed internet for all.

    Mark Klimek, Vice President, North American Business Center at Nokia said: “Our fiber platform supports a full range of PON technologies, allowing them to be mixed and matched on the same platform to deliver ultra-fast, reliable internet services over a single fiber. This is critical for those who want to future-proof their fiber network and gain the flexibility to address evolving network demands. By partnering with Centranet, we are ensuring that every community, especially those who have been underserved for far too long, can access the opportunities that cutting-edge technology provides, now and for generations to come.”

    Randle Carter, Principal Chief, Sac and Fox Nation, said: “We pursued this grant to enhance the availability and the viability for our tribal members to access fiber optic opportunities, not just now, but in the future.”

    Mark Prather, President of Fiber and Technology, said: “”At Centranet, we are deeply committed to investing in the future the communities we serve. Centranet has deployed 3,300 miles of fiber in north-central Oklahoma in the past three years. Bringing high-speed broadband to the Sac and Fox Nation, as well as other tribes and underserved areas has been a priority for us. This project is about more than just technology—it’s about ensuring that everyone in our community has the tools and opportunities they need to thrive in today’s digital world.”

    Resources and additional information
    Webpage: Nokia Lightspan MF
    Webpage: Nokia Altiplano Access Controller
    Webpage: Accelerating to gigabit with fiber
    Webpage: Fiber for Everything

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About Centranet
    Established in 2020, Centranet provides fiber to the home internet access to more than 10,000 rural households in north central Oklahoma. A subsidiary of Central Rural Electric Cooperative, Centranet is dedicated to connecting rural Oklahomans with the speed of light.

    For more information, visit centranetfiber.com.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: RegEd to Showcase Next-Generation Producer Management Technology at the 2024 InsureTech Connect Conference

    Source: GlobeNewswire (MIL-OSI)

    Raleigh, NC, Oct. 08, 2024 (GLOBE NEWSWIRE) — RegEd, the leading provider of compliance technology solutions to the insurance and financial services industry, is proud to be a Silver Sponsor of the 2024 InsureTech Connect (ITC) Conference, held from Oct. 15-17, in Las Vegas, NV.

    During the conference, RegEd will showcase its Xchange Producer Management solution, which has been developed in partnership with the nation’s largest insurance companies. Jacob Spitzley, RegEd Director of Product Management, will present “Xchange iX: Transforming the Producer Lifecycle to Achieve Real-Time, Compliant Business Placement” on Wed., Oct. 16th at 10:10 AM. The presentation will detail how Xchange automates and streamlines producer management and compliance processes, from onboarding and initial licensing to license renewals and terminations. Additionally, attendees will learn how IT can empower business operations through advanced automation and integration to the insurance tech ecosystem.

    ITC Vegas, the premier global event for the insuretech sector, hosts the largest gathering of technology innovators, investors, and insurance leaders from around the world. Over three days, the event will bring together the industry’s top minds to unveil cutting-edge solutions, explore strategies for driving efficiency and cost savings, and foster valuable networking opportunities. Attendees will represent key sectors such as Property & Casualty, Life, Health, Small Business, and Specialty Insurance, making it a must-attend for industry professionals.

    End-to-End Producer Lifecycle Automation and Management By Exception

    Proven through over more than 200 successful implementations, Xchange Producer Management delivers the most advanced automation in the industry, minimizing human intervention, reducing NIGOs, and speeding time to market. It is the only end-to-end solution that automates and streamlines producer management and compliance processes, from onboarding and initial licensing to license renewals and terminations.

    Key capabilities include:

    • Comprehensive tools to seamlessly integrate contracting, licensing, appointments, registrations, CE/training, and ongoing credential maintenance.
    • Straight-through processing and just-in-time appointments, enabling efficiency across all operational processes.
    • Unique capabilities like Smart Appointments and Alerts 2.0 for producer data reconciliation streamline workflows and enhance productivity.
    • A seamless user experience with self-service capabilities ensures the highest level of satisfaction for producers and adjusters.
    • Real-time credentials validation ensures immediate “clear to sell” status, maintaining compliance.

    To learn more about how Xchange drives efficiency in producer management, visit RegEd at booth #1949 the 2024 ITC Conference or schedule a consultation.

    The MIL Network –

  • MIL-OSI: LECTRA: Monthly declaration of the total number of shares and voting rights composing the company’s capital (at September 30th, 2024)

    Source: GlobeNewswire (MIL-OSI)

    Monthly declaration of the total number of shares and voting rights composing the company’s capital (at September 30th, 2024)

    This declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and of Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF).

    Date:

    September 30th, 2024

    Total number of shares composing the capital:

    37,954,585

    Total number of voting rights, gross (1):

    38,146,735

    Total number of voting rights, net (2):

    38,113,978

    (1) In accordance with the second paragraph of article 223-11 of the Règlement Général of the AMF, the gross total of voting rights is based on the total number of shares composing the company’s capital which have voting rights, including shares deprived of their voting rights

    (2) The net total of voting rights is equal to the gross total, minus the number of shares deprived of their voting rights (treasury shares)

    Other than the legal notification requirements for crossing the thresholds established by French law, there is no special statutory obligation.

    Attachment

    The MIL Network –

  • MIL-OSI: WISeKey to Launch Enhanced WISePhone.CH 2025 Edition with Advanced Capabilities

    Source: GlobeNewswire (MIL-OSI)

    WISeKey to Launch Enhanced WISePhone.CH 2025 Edition with Advanced Capabilities

    Launch Slated for Q2 2025

    Video PoC of WISePhone.CH is Available at https://lnkd.in/e97fwkuD

    Additional Information Available at http://www.WISePhone.CH

    Geneva, Switzerland – October 8, 2024: WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, today announced the upcoming launch of its enhanced WISePhone.CH 2025 Edition. Building upon its 2017 introduction, WISePhone.CH was the first secure blockchain phone aimed at providing enterprise-grade protection for digital communications. This new edition, slated for release in Q2 2025, promises significant advancements in security and performance.

    WISePhone.CH 2025 Edition will introduce a comprehensive suite of new features, designed to protect both individual and IoT device data using cutting-edge blockchain technology. As an all-in-one secure platform, it offers superior privacy and security for both personal and business use, emphasizing data protection through advanced encryption and secure storage.

    New Features and Enhanced Security

    The WISePhone.CH 2025 edition is designed to be an affordable, versatile tool that enhances mobility while ensuring the confidentiality of intellectual property and sensitive communications. With the ability to transform public networks and mobile devices into ultra-secure communication channels, it is an ideal solution for enterprises seeking to strengthen their cybersecurity posture.

    Powered by WISeKey’s proprietary security technology and operating on an optimized Android OS, WISePhone.CH supports secure communications via encrypted email and voice services, secure digital identity management, and cloud-based data protection. The integrated Personal Cybersecurity Hub offers complete control over application permissions, providing separate, secure environments for personal and business data.

    Pre-Loaded with WISeKey’s Suite of Secure Applications

    WISePhone.CH 2025 Edition will come pre-installed with WISeKey’s suite of security solutions, including WISeID and WISeTalk. These applications provide encrypted voice calls, conference calls, secure texting, and file transfer capabilities, ensuring end-to-end security. In a major development, WISePhone.CH will be the first smartphone to be powered by SEALCOIN, WISeKey’s proprietary cryptocurrency and blockchain platform, enabling users to engage in secure transactions on-the-go.

    Cutting-Edge Hardware and Cryptocurrency Integration

    The phone will feature an integrated crypto wallet and a Hardware Security Module (HSM), delivering an unmatched level of security for data storage and financial transactions. It will also support SuisseID Digital Identity, enabling qualified cloud-based digital signatures in compliance with Swiss government regulations and GDPR standards.

    Reinforced Protection through WISeID and WISeAccess

    The WISeID feature secures users’ digital assets and personal data in an encrypted enclave, backed by WISeKey’s secure Swiss cloud. The WISeAccess multi-factor authentication system further enhances security, ensuring that only authorized individuals can access the full suite of WISePhone.CH applications.

    WISeKey continues to push the boundaries of cybersecurity technology, ensuring that businesses and individuals worldwide remain safe from ever-evolving digital threats.

    About WISeKey 

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a Swiss-based computer infrastructure company specializing in cybersecurity, digital identity, blockchain, Internet of Things (IoT) solutions, and post-quantum semiconductors. As a computer infrastructure company, WISeKey provides secure platforms for data and device management across industries like finance, healthcare, and government. It leverages its Public Key Infrastructure (PKI) to ensure encrypted communications and authentication, while also focusing on next-generation security through post-quantum cryptography.

    WISeKey’s work with post-quantum semiconductors is aimed at future-proofing its security solutions against the threats posed by quantum computing. These advanced semiconductors support encryption that can withstand the computational power of quantum computers, ensuring the long-term security of connected devices and critical infrastructure. Combined with its expertise in blockchain and IoT, WISeKey’s post-quantum technologies provide a robust foundation for secure digital ecosystems at the hardware, software, and network levels.

    WISeKey operates as a holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd 
    Company Contact:  Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com    		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611 / lcati@equityny.com
    Katie Murphy
    Tel: +1 212 836-9612 / kmurphy@equityny.com

    The MIL Network –

  • MIL-OSI: Lendmark Financial Services Expands Alabama Presence with Muscle Shoals Branch, Marking its 17th Location in the State

    Source: GlobeNewswire (MIL-OSI)

    MUSCLE SHOALS, Ala., Oct. 08, 2024 (GLOBE NEWSWIRE) — Lendmark Financial Services (Lendmark), a leading provider of household credit and consumer loan solutions, continues to expand its Alabama footprint, opening a new branch in Muscle Shoals.

    The branch is located at 1901 Woodward Avenue and is expected to serve hundreds of customers in its first year. Tiffany Hurtarte, who serves as the branch manager, will be responsible for administration of all daily operations. These include building personal relationships with customers and integrating into the community to ensure area residents receive a superior level of individualized loan services that meet their unique financial needs.

    “Lendmark’s growth shows many consumers need additional financial service options to manage planned and unplanned life events without depleting their savings,” said Chad DeBoard, Vice President of Branch Operations at Lendmark. “Our team will bring our customer-first, relationship-based approach to Muscle Shoals, delivering personalized and convenient solutions that meet the respective financial needs of this community’s residents.”

    Lendmark also provides financing solutions for thousands of retailers and independent auto dealerships, allowing these businesses’ customers to obtain Lendmark financing. Local businesses that are interested in partnering with Lendmark to service this need should visit the branch or call 256-248-9585.

    Lendmark remains dedicated to giving back through its signature cause-related initiative, ‘Climb to Cure.’ The company has committed to raising $10 million by 2025 to mark its 10-year anniversary partnering with CURE Childhood Cancer. So far, Lendmark’s employees, partners and customers have raised $8.83 million to support CURE, an Atlanta-based nonprofit dedicated to funding targeted pediatric cancer research that is utilized nationwide.

    Lendmark customers can participate by donating $1 when closing their loan. Lendmark matches the donation.

    About Lendmark Financial Services
    Lendmark Financial Services (Lendmark) provides personal and household credit and loan solutions to consumers. Founded in 1996, Lendmark strives to be the lender, employer, and partner of choice by protecting household wealth, offering stability and helping consumers meet both planned and unplanned life events through affordable loan offerings. Today, Lendmark operates more than 515 branches in 22 states across the country, providing personalized services to customers and retail business partners with every transaction. Lendmark is headquartered in Lawrenceville, Ga. For more information, visit http://www.lendmarkfinancial.com.

    Media Contact
    Jeffrey Hamilton
    Senior Manager, Corporate Communications
    jhamilton@lendmarkfinancial.com
    678-625-3128

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/156ef33e-22af-42f3-805e-b379a8ff322a

    The MIL Network –

  • MIL-OSI: Proportfoliopartners Unveils Revolutionary Trading Platform: Experience 3x Faster Trades

    Source: GlobeNewswire (MIL-OSI)

    London, UK, Oct. 08, 2024 (GLOBE NEWSWIRE) — In a groundbreaking advancement for the crypto trading industry, Proportfoliopartners has introduced a next-generation platform that allows users to trade at speeds up to 3x faster than traditional systems. This revolutionary platform now stands as the most advanced and swiftest crypto trading solution globally, giving investors a significant advantage in today’s fast-moving markets.

    Unlocking 3x Faster Trades
    In a world where speed and precision are critical in the crypto markets, Proportfoliopartners’ platform offers a cutting-edge solution for traders of all experience levels. Engineered to execute trades at speeds far beyond most platforms, it maximizes profit potential in a fraction of the time. Powered by AI-driven algorithms, the platform identifies lucrative opportunities in the market with pinpoint accuracy, helping users consistently achieve competitive returns faster than before.

    “Proportfoliopartners has always been a leader in innovation. With this new platform, we’re empowering traders to stay ahead of real-time market movements,” said the CEO of Proportfoliopartners. “With the world’s fastest trading algorithms, we’re proud to offer investors a way to achieve accelerated returns with unmatched execution speed.”

    Meeting the Demands of a Fast-Paced Market
    The crypto trading landscape is notorious for its volatility and rapid pace, making it essential for traders to react quickly. Traditional platforms often suffer from slow execution speeds, resulting in missed opportunities. Proportfoliopartners’ new platform eliminates these issues, offering ultra-fast trade execution, real-time market insights, and adaptive AI-driven strategies that react within milliseconds.

    “Our platform doesn’t just keep pace with the market—it anticipates it,” the CEO explained. “By analyzing data at lightning speed, traders can capitalize on opportunities before they fully emerge, giving our users a crucial advantage.”

    A Game-Changer for Traders of All Levels
    Whether you’re an experienced trader or just starting, Proportfoliopartners’ platform is designed to cater to all needs. Its user-friendly interface ensures ease of use, while the advanced technology behind the scenes offers powerful tools for both novices and pros. New traders benefit from automated strategies that simplify trading, while seasoned traders can customize and implement their own algorithms for tailored strategies.

    “Our vision was to create a platform that democratizes crypto trading,” the CEO added. “From professionals seeking advanced tools to newcomers looking for confidence, this platform offers everything needed to aim for faster trades and better results, powered by the world’s most sophisticated AI.”

    The Future of Crypto Trading
    As the demand for faster, more efficient crypto trading solutions grows, Proportfoliopartners’ platform arrives at a perfect time. Traders are now looking for platforms that offer not only speed and high returns but also security and transparency. Proportfoliopartners addresses these concerns by integrating state-of-the-art security measures and maintaining regulatory compliance, allowing users to trade with confidence in a secure environment.

    With additional features like advanced risk management tools to safeguard investments and round-the-clock customer support, Proportfoliopartners is committed to providing users with the resources they need to succeed in a rapidly evolving crypto market.

    Call to Action
    Proportfoliopartners’ fast-trading platform is reshaping the crypto trading landscape. Investors are encouraged to explore its full potential and unlock powerful tools designed to enhance trading performance. To celebrate the launch, the company is offering a limited-time promotion, giving new users access to premium features at no extra cost.

    For more information and to experience the future of crypto trading with 3x faster performance, visit Proportfoliopartners today. The future of crypto trading is faster—don’t miss out!

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: Pieridae Announces Closing of Equity Rights Offering

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
    DISSEMINATION IN UNITED STATES

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) is pleased to announce the successful completion of its previously announced equity rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”) of record at the close of business on September 9, 2024. The Rights Offering expired at 3:00 p.m. MDT on October 2, 2024, with the rights trading on the Toronto Stock Exchange (“TSX”) under the symbol “PEA.RT” and having been de-listed on that date.

    At closing, Pieridae issued an aggregate of 118,476,306 Common Shares pursuant to the Rights Offering and the Standby Commitment (as described below) at a price of $0.2448 per Common Share (the “Subscription Price”) for aggregate gross proceeds of approximately $29 million. Following closing, Pieridae has 290,387,642 Common Shares issued and outstanding.

    The Rights Offering resulted in 37,818,913 Common Shares issued pursuant to the exercise of rights under the basic subscription privilege and 61,251,034 Common Shares issued under the additional subscription privilege, for a total of 99,069,947 Common Shares issued to shareholders pursuant to the Rights Offering.

    As previously announced, in connection with the Rights Offering, the Company entered into a standby purchase agreement (the “Standby Purchase Agreement”) with Alberta Investment Management Corporation (“AIMCo”), an existing shareholder of Pieridae, pursuant to which AIMCo agreed to fully exercise its basic subscription privilege under the Rights Offering and to purchase up to an additional 77,625,434 Common Shares not otherwise subscribed for under the Rights Offering (the “Standby Commitment”). In addition to fully exercising its basic subscription privilege for 24,498,749 Common Shares and its additional subscription privilege for 58,219,075 Common Shares, AIMCo acquired 19,406,359 Common Shares pursuant to the Standby Commitment. Following closing of the Rights Offering, AIMCo owns approximately 47% of Pieridae’s issued and outstanding Common Shares. Shareholder approval was not required in respect of AIMCo becoming a control person of Pieridae because it acquired Common Shares in accordance with the rights offering exemption under Section 2.1 of National Instrument 45-106 – Prospectus Exemptions, and because the Subscription Price was at a “significant discount” to the closing price of the Common Shares on the TSX on August 26, 2024, being the last trading day prior to the announcement of the Rights Offering.

    To the knowledge of the Company after reasonable inquiry, insiders of Pieridae, including AIMCo, acquired 25,900,176 Common Shares under the basic subscription privilege and 59,879,790 Common Shares under the additional subscription privilege. To the knowledge of the Company after reasonable inquiry, no person that was not an insider of the Company before the Rights Offering became an insider as a result of the Rights Offering.

    Pieridae intends to use the aggregate net proceeds from the Rights Offering and Standby Commitment to repay indebtedness, for working capital and general corporate purposes, and to fund certain value-accretive optimization projects.

    “We are very pleased with the results of the Rights Offering and the Standby Commitment, which resulted in approximately $29 million equity proceeds for the Company. This is a strong endorsement by participating Pieridae shareholders in favour of our E&P and midstream strategy”, commented Darcy Reding, the Company’s President and Chief Executive Officer.

    Pursuant to the terms of the Standby Purchase Agreement, Pieridae has also entered into an investor rights agreement (the “Investor Rights Agreement”) and a registration rights agreement (the “Registration Rights Agreement”) with AIMCo, each effective as of the date hereof. Copies of the Investor Rights Agreement and Registration Rights Agreement will be made available under Pieridae’s profile on SEDAR+ at http://www.sedarplus.ca.

    Details of the Rights Offering and the Standby Commitment are set out in Pieridae’s Rights Offering notice and Rights Offering circular (the “Circular”), which are available under Pieridae’s profile on SEDAR+ at http://www.sedarplus.ca.

    There are no selling fees or commissions payable in connection with the Rights Offering. There is no fee payable to AIMCo in respect of the Standby Commitment; however, the Company has agreed to pay the reasonable out-of-pocket costs and expenses incurred by AIMCo in connection with the Standby Purchase Agreement and the Rights Offering.

    The Common Shares issued upon exercise of the rights have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the “United States” or to “U.S. persons” (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended). This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. There shall be no sale of the securities in any jurisdiction in which an offer to sell, a solicitation of an offer to buy, or a sale would be unlawful.

    ADVISORS

    Peters & Co. Limited acted as exclusive financial advisor to Pieridae with respect to the Rights Offering. Norton Rose Fulbright Canada LLP acted as Pieridae’s legal advisor.

    ABOUT PIERIDAE

    Pieridae is a Canadian energy company headquartered in Calgary, Alberta. The Company is a significant upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia. Pieridae’s vision is to provide responsible, affordable natural gas and derived products to meet society’s energy security needs. Pieridae’s Common Shares trade on the TSX under the symbol “PEA”.

    For further information, visit http://www.pieridaeenergy.com, or please contact:

    Darcy Reding, President & Chief Executive Officer  Adam Gray, Chief Financial Officer
    Telephone: (403) 261-5900 Telephone: (403) 261-5900
       
    Investor Relations  
    investors@pieridaeenergy.com  
       

    Forward-Looking Statements

    Certain of the statements contained herein may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws (collectively “forward-looking statements”). Words such as “may”, “will”, “should”, “could”, “would”, “intend”, “future”, “vision”, “strategy”, “prospect” and other similar words and expressions may be used to identify the forward-looking statements contained herein. These statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements contained herein include, without limitation: the intended use of proceeds from the Rights Offering and the Standby Commitment; the anticipated benefits of the Rights Offering and the Standby Commitment; the Company’s E&P and midstream strategy; and the Company’s vision to provide responsible, affordable natural gas and derived products.

    Forward-looking statements involve significant risk and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements including, but not limited to, the risks associated with oil and gas exploration, development, exploitation, production, processing, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of resources estimates, environmental risks, competition from other producers, incorrect assessment of the value of acquisitions, failure to realize the anticipated benefits of acquisitions, delays resulting from or inability to obtain required regulatory approvals, and ability to access sufficient capital from internal and external sources. These and other risk factors are discussed in more detail under “Risk Factors” and elsewhere in Pieridae’s Annual Information Form for the year ended December 31, 2023 and under “Risk Factors” in the Circular, copies of which are available on the Company’s profile on SEDAR+ at http://www.sedarplus.ca.

    Forward-looking statements are based on a number of factors and assumptions which have been used to develop such forward-looking statements, but which may prove to be incorrect. Although Pieridae believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because Pieridae can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this document, assumptions have been made regarding, among other things: the impact of increasing competition; the general stability of the economic and political environment in which Pieridae operates; the ability of Pieridae to obtain and retain qualified staff, equipment and services in a timely and cost efficient manner; the ability of the operator of the projects which Pieridae has an interest in to operate the field in a safe, efficient and effective manner; the ability of Pieridae to obtain financing on acceptable terms; the ability to replace and expand oil and natural gas resources through acquisition, development and exploration; the timing and costs of pipeline, storage and facility construction and expansion and the ability of Pieridae to secure adequate product transportation; future oil and natural gas prices; currency, exchange and interest rates; the regulatory framework regarding royalties, taxes and environmental matters in the jurisdictions in which Pieridae operates; timing and amount of capital expenditures; future sources of funding; production levels; weather conditions; success of exploration and development activities; access to gathering, processing and pipeline systems; advancing technologies; and the ability of Pieridae to successfully market its oil and natural gas products.

    Readers are cautioned that the foregoing list of assumptions and risk factors is not exhaustive. Additional information on these and other factors that could affect Pieridae’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca), and at Pieridae’s website (www.pieridaeenergy.com).

    Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, management cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and Pieridae assumes no obligation to update or review them to reflect new events or circumstances except as required by applicable securities laws.

    Forward-looking statements contained herein concerning the oil and gas industry and Pieridae’s general expectations concerning this industry are based on estimates prepared by management using data from publicly available industry sources as well as from reserve reports, market research and industry analysis and on assumptions based on data and knowledge of this industry which Pieridae believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares and performance characteristics. While Pieridae is not aware of any misstatements regarding any industry data presented herein, the industry involves risks and uncertainties and is subject to change based on various factors.

    Neither TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • MIL-OSI: Compatio AI Announces Groundbreaking VFD System Configurator Model for Industrial Automation Distributors

    Source: GlobeNewswire (MIL-OSI)

    Sales Teams, Technical Teams, and Customers Can Now Discover, Select and Configure Complete Variable Frequency Drives (VFDs) Systems Faster with More Accuracy

    SPRINGFIELD, Mo., Oct. 08, 2024 (GLOBE NEWSWIRE) — Compatio AI, a leader in product configuration and recommendation solutions, is excited to introduce its latest innovation: the VFD System Configurator Model, specifically built for distributors and manufacturers in the Industrial Automation sector. This advanced model is the first to be released on the Compatio Configure platform, designed to streamline the process of selecting and configuring Variable Frequency Drives (VFDs) and all necessary components for a complete, compatible system.

    Variable Frequency Drives are crucial in industrial applications for controlling motor speed and torque, but selecting the right VFD and ensuring compatibility with other system components can be challenging. The Compatio VFD System Configurator Model simplifies this process by guiding users through product selection with accurate, real-time recommendations driven by Highly Technical Guided Selling.

    “We understand the complexity of configuring VFD systems,” said Tim Baynes, Founder and CEO of Compatio AI. “Our solution ensures that both the VFD and its associated components work together seamlessly, taking the guesswork out of system configuration and helping users build complete, reliable systems.”

    Built on Real Intelligence™

    At the core of the VFD System Configurator Model is Compatio’s Product eXpert Engine, which blends configurator logic, precise data, human expertise, and predictive technology. This combination powers Real Intelligence™, enabling users to make accurate, compatible product choices by tapping into decades of encoded industry knowledge.

    Through the Highly Technical Guided Selling approach, users are guided step-by-step in selecting the best-fit VFD and supporting components, including Circuit Protection (fuses, circuit breakers), Line Reactors, Brake Resistors, and more. The result is a fully compatible system designed to meet the customer’s unique application requirements.

    Clarifying the Role of the Configurator

    To be clear, the VFD System Configurator Model is designed to help with VFD product selection and system component compatibility. It does not configure or set up the operational parameters or application settings of AC drives. Instead, it ensures that the selected products work together seamlessly within a broader system.

    Empowering Industrial Automation Distributors

    For distributors in the industrial automation space, this model is a game-changer. Whether it’s for sales teams with less technical experience or seasoned technical experts, the configurator empowers all users to confidently recommend and configure complete VFD systems. By reducing errors and increasing sales efficiency, it enhances the overall customer experience.

    Additionally, distributors can prioritize in-stock items, reducing lead times and boosting customer satisfaction.

    AHTD Fall Meeting & Industry Connections

    Compatio AI will be exhibiting at the AHTD Fall Meeting in Bellevue, WA from October 16-18, 2024, showcasing its latest solutions. This event provides an excellent opportunity for attendees to experience live demonstrations of the VFD System Configurator Model and discuss how Compatio AI can help drive efficiency and innovation for distributors and manufacturers in the industrial automation sector.

    Additionally, Compatio AI will be attending Pack Expo in Chicago, IL from November 3-6, 2024, and SPS (Smart Production Solutions) 2024 Expo in Nuremberg, Germany, from November 14-16, 2024. Compatio’s team will be available at both events to meet with those interested in learning more about the VFD System Configurator Model and other advanced solutions.

    “We’re looking forward to connecting with industry leaders and showcasing how our Real Intelligence™ and Product eXpert Engine are transforming the way businesses approach VFD system configuration,” said Nathan Waters, Director of Industry Solutions at Compatio AI. “Our solutions are fast to implement, cost-effective, and designed to drive real value for businesses in the industrial automation sector.”

    Value, Ease of Deployment, and Future Development

    Compatio AI’s solutions are competitively priced and integrate seamlessly into existing systems, with rapid deployment that allows businesses to start seeing benefits quickly. The VFD System Configurator Model is just one of many solutions Compatio is developing to meet the evolving needs of the industry. We welcome feedback and collaboration from distributors and manufacturers to further refine our offerings.

    About Compatio AI

    Compatio AI specializes in product configuration and recommendation solutions, combining technology with human expertise to help businesses make better product decisions. Powered by the Product eXpert Engine, Compatio’s solutions provide Real Intelligence™ to drive accurate, efficient, and scalable product configurations. Compatio is trusted by leading distributors and manufacturers to simplify complex product setups, retain critical knowledge, and boost sales.

    Media Contact
    Victoria Guimarin
    UPRAISE Marketing + PR for Compatio AI
    compatio@upraisepr.com

    The MIL Network –

  • MIL-OSI: KraneShares Man Buyout Beta Index ETF (BUYO) Lists on NYSE: Applying Private Equity Selection Criteria To Public Equities

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KraneShares”), a global asset management firm known for its innovative exchange-traded funds (ETFs), today announced the launch of the KraneShares Man Buyout Beta Index ETF (Ticker: BUYO) on the New York Stock Exchange.

    BUYO seeks to track the performance of the Man Buyout Beta Index, which is designed to apply the key return drivers of PE/buyout funds to public equities. The fund employs a systematic approach to select a portfolio of small to mid-cap stocks from the Russell 2500 Index, targeting industries favored by PE firms and companies that are similar in size and display similar company-specific characteristics as those in traditional PE funds. The BUYO ETF targets companies with the following characteristics:

    1. Belong to sectors favored by PE funds, including Information Technology, Consumer Discretionary, Industrials, and Health Care
    2. Filters for companies with characteristics favored by PE funds, including strong free cash flow yield, higher operating margins, cash discipline (lower CapEx, ability to repay debt), and top-line growth among dozens of other signals

    As a starting point, the Russell 2500 Index without filtering holdings for PE-like return drivers is already highly correlated to the Preqin Private Equity ex-Venture Capital Index, with a 75.3% historical total return correlation since 2008.1 BUYO is designed to potentially have an even greater correlation and deliver a return profile similar to that of traditional buyout funds longer term.

    “BUYO offers investors a unique way to access companies with characteristics that private equity firms find attractive, but with the liquidity and transparency of an ETF,” said Kevin Orr, Managing Director and Head of Strategic Partnerships at KraneShares. “By leveraging Man Group’s research and expertise on buyout target attributes, BUYO aims to capture the potential value creation associated with private equity strategies while remaining fully invested in public equities.”

    “Our research indicates that many of the same methodologies that buyout funds use to target private takeover candidates can be applied to the public equity market to achieve similar results,” said John Lidington, who is a Co-Portfolio Manager covering liquid private equity at Man Numeric, which is acting as sub-advisor to BUYO. “We developed the approach underlying the Man Buyout Beta Index to provide an opportunity to harness the key return drivers powering PE funds, which are typically expensive and have historically been difficult to access for many investors. The approach helps identify potentially undervalued companies that in many cases may become public to private takeout targets in the future.”

    Major endowments typically allocate 20-40% of their portfolios to private equity, with some top institutions like Ivy League Universities reaching as high as 36.7% of their total investment.2 However, historically, there have been high barriers to entry to traditional PE funds, such as long placement and lockup periods and high investment minimums and fees.

    “We believe BUYO offers a compelling solution for various investor profiles,” said Jonathan Shelon, Chief Operating Officer of KraneShares. “BUYO may be appropriate for institutional investors seeking potential liquid beta to the PE buyout asset class while awaiting placement in traditional PE funds. It may also be attractive to investors seeking highly correlated liquid alternative exposure to the PE market or investors looking to diversify their portfolios by implementing a more endowment-like asset allocation that includes a healthy weighting to PE-like strategies.”

    “We are excited to combine Man Numeric’s investment expertise – by acting as a sub-advisor to BUYO – with KraneShares’ ETF product development, marketing, and distribution capabilities,” said Gregory Bond, CEO of Man Numeric.

    KraneShares will host a webinar with John Lidington introducing the KraneShares Man Buyout Beta ETF (Ticker: BUYO) on Tuesday, November 12, 2024. Investors interested in attending the webinar can register here.

    About Man Group

    Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $178.2 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at http://www.man.com.

    *As of 30 June 2024

    About KraneShares

    KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners’ deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

    Citations:

    1. Source: Preqin Ltd and analysis by Man Group as of 8/31/2024, correlation calculated from 1/1/2008 to 3/31/2024.
    2. Data from the National Association of Independent Colleges and Universities, “What a Tough Private Equity Environment Could Mean for University Endowments,” as of 7/17/2024.

    Definitions:

    Beta: Beta measures an investment’s volatility relative to the market and is used to quantify its risk. It’s calculated as the slope of a security’s returns regressed against a benchmark market index.

    Index Definitions:

    Preqin Private Equity ex-Venture Capital Index: The Preqin Private Equity ex-Venture Capital Index represents the returns on committed capital in private equity partnerships. It includes the amount of money invested in these partnerships and the returns that outstanding commitments would generate if invested risk-free.

    Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting: https://kraneshares.com/buyo/. Read the prospectus carefully before investing.

    Risk Disclosures: 

    Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

    This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

    The Underlying Index uses Numeric models in its methodology, which depend on various data sources that may be inaccurate or incomplete, rendering the models potentially unreliable. Historical market data may not predict future price movements, and unusual market events can lead to unexpected outcomes. Models may also have hidden biases and could incur losses if actual events diverge from their assumptions. Additionally, performance may be affected by software issues or programming errors. While the Underlying Index aims to reflect private equity performance and risk like private equity buyout funds, there is no guarantee that public equities will achieve this exposure or that the models will effectively provide it.

    The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

    The Fund is new and does not yet have a significant number of shares outstanding. If the Fund does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. BUYO is non-diversified.

    ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

    The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

    For media inquiries, please contact: info@kraneshares.com 

    The MIL Network –

  • MIL-OSI: Derivio Launches “Play-to-Earn” Telegram DApp, Integrating Social Engagement and Gameplay

    Source: GlobeNewswire (MIL-OSI)

    Community-driven Deeno game released on October 8th

    KINGSTOWN, Saint Vincent and the Grenadines, Oct. 08, 2024 (GLOBE NEWSWIRE) — Derivio, a trading-centric consumer blockchain backed by Binance Labs, officially launched its Telegram game on October 8, 2024. The game introduces Deeno, a character designed to drive user interaction through social media and community tasks.

    Players start by claiming an egg that will eventually hatch into Deeno. To progress, players complete tasks such as sharing social media content and engaging with the Derivio community. These activities earn players the “Power of Faith,” which strengthens the egg and accelerates the hatching process. Once hatched, Deeno can be leveled up through additional quests, with users unlocking more rewards through mini-games, including a gold miner challenge.

    Derivio’s Telegram game incorporates both gameplay and community interaction with the satisfaction of achieving rewards. By participating, players unlock resources and level up their character, with further opportunities for bonuses and exclusive rewards provided by Derivio and its partners.

    Game Launch Details

    Derivio’s Telegram game launched on Oct. 8. The game aims to foster interaction within the community through a blend of simple tasks and mini-games, encouraging continued engagement.

    About Derivio

    Derivio is a trading-centric blockchain focused on consumer-facing products, offering tools designed to enhance accessibility for everyday users. The platform’s products, including its Perpetual Exchange and Prediction Markets, aim to provide a secure, high-performance, and user-friendly experience. Derivio also uses cryptographic techniques like Fully Homomorphic Encryption to enhance security in its decentralized trading ecosystem.

    Game Access: @DerivioBot

    Website: https://derivio.xyz/
    X (formerly Twitter): https://x.com/derivio_xyz
    Discord: https://discord.gg/xDVqEAXPwj

    Contact:
    Michel ho
    m@derivio.xyz

    Disclaimer: This content is provided by Derivio. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61c28de8-2e4d-4b19-9578-f58bc676832b

    The MIL Network –

  • MIL-OSI: Jackery Offers Exclusive Amazon Prime Day Special on the E2000v2 Solar Generator – the Lightest, Smallest 2kWh LFP Battery Backup Power of its Class

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) — Jackery, the global leader in solar generators and portable energy solutions, is gearing up for Amazon Prime Day with an unbeatable offer on its latest innovation, the Jackery Explorer 2000v2, starting October 8. This compact, next-generation solar generator is now available for a special low price, with exclusive bundles and a free gift opportunity for early shoppers.

    During Amazon’s Prime Day from October 8 to October 9, those in the market for reliable and green backup power can take advantage of the following exclusive deals on Jackery’s E2000v2 series:

    • E2000v2: $999 (down from $1,499), delivering incredible value for home essential backup or outdoor use.
    • E2000v2 with two 200W Solar Panels: Bundle available for just $1599, providing a complete renewable power solution for emergency preparedness or off-grid adventures.

    With the winter season fast approaching, the E2000v2 solar generator is an ideal choice for anyone looking to safeguard against potential power outages. No installation is required, making it a hassle-free backup power solution that can be deployed instantly during emergencies.

    The Jackery Explorer 2000v2 Highlights:

    • Lightest, Smallest LFP 2kWh Power Station: the E2000v2 is the most compact solution of its class, featuring a robust 2200W output and a 4400W surge capacity, perfect for high-demand appliances like refrigerators, microwaves, or power tools.
    • Enhanced Charging Speed: With the capability to recharge in just two hours, the E2000v2 offers convenience and reliability, ensuring you stay powered during emergencies or on the go.
    • Versatile Power Options: Featuring multiple outlets and USB-A/USB-C ports, the E2000v2 can power everything from vital home electronics to smaller devices, making it a flexible solution for any situation.
    • Eco-Friendly: Unlike traditional gas generators, the E2000v2 can be paired with solar panels to harness clean, renewable energy, perfect for both outdoor use and indoor backup power needs.

    Don’t miss out on Jackery’s best deals of the year. For more details, visit Jackery.com and be on the lookout for additional deals on Jackery’s Amazon Storefront from October 8-9, 2024.

    About Jackery
    Founded in California in 2012, Jackery is the world’s leading provider of innovative solar generators and off-grid green energy solutions. As a global top-selling solar generator brand, Jackery is driven by its mission to “Bring Green Energy to All.” By integrating with Geneverse in 2024, Jackery has expanded its product offerings and is able to deliver a comprehensive range of energy solutions, from portable solar generators for outdoor use to whole-home backup systems, furthering its commitment to making green energy accessible for all. Jackery has consistently fulfilled its social responsibility on a global scale, maintaining long-term partnerships with global public welfare organizations such as WWF, NFF, and IRC. Through these collaborations, Jackery continues to contribute to global sustainable development and other public welfare initiatives, reinforcing its dedication to creating a greener, more sustainable future.

    Jackery@icrinc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f058dae-9741-49d1-ba73-89e1bed05246

    The MIL Network –

  • MIL-OSI: Announcement: 2024 Interim Financial Statements

    Source: GlobeNewswire (MIL-OSI)

    21Shares AG, the issuer of ETPs listed on various trading venues, has published its interim financial statements for the six months ending 30 June 2024. The financial statements are available at: https://21shares.com/ir/financials

    Contact:

    Email: press@21.co

    Phone: +41 44 260 86 60

    About 21Shares AG:

    21Shares AG, Pelikanstrasse 37, 8001 Zurich, is a Swiss corporation registered in the commercial register of Zurich under the number CHE-347.562.100. It was incorporated on 27 July 2018 and its purpose is the issuance of Exchange Traded Products (ETPs) in Switzerland and worldwide.

    The MIL Network –

  • MIL-OSI: Spartan Capital Releases Q3 2024 Performance Overview and Technical Outlook

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) — Spartan Capital Securities, LLC is pleased to announce the release of its Q3 2024 Performance Overview and Technical Outlook. Prepared by market strategist Gianpaolo Raffo, this comprehensive report provides an in-depth analysis of market trends, sector performances, and projections for the next quarter.

    Published on October 2nd, 2024, the review explores the behavior of major indices and market sectors, incorporating key statistics and visualizations to encapsulate the third quarter’s activities. Through this report, Spartan Capital aims to provide valuable insights into market dynamics and sentiment, assisting clients in navigating the complexities of the investment landscape.

    During Q3, Spartan Capital reported growth across multiple sectors, with a particular emphasis on the S&P 500, Nasdaq, and significant market movements. “Our Q3 analysis provides essential context for understanding the current market environment and making future investment decisions,” remarked Gianpaolo Raffo. “We remain committed to delivering precise and actionable insights to our clients.”

    Spartan Capital’s dedication to excellence in financial analysis and client service is evident in the careful preparation of this report. As markets evolve, Spartan Capital continues to lead with guidance grounded in rigorous research and market expertise.

    To read the full Q3 2024 Performance Overview, including comprehensive analyses and insights, please visit our website at https://spartancapital.com/quarterly-overview-q3-2024/.

    About Spartan Capital Securities, LLC:

    Spartan Capital Securities, LLC is a premier full-service financial firm, offering expert investment advice to high-net-worth individuals and institutional clients. Known for its extensive market knowledge, strategic risk management, and personalized service, Spartan Capital and CEO John Lowry exemplify integrity and professionalism in the financial services industry.

    Contact:
    Kim Monchik
    45 Broadway, 19th Floor
    New York, NY 10006
    Info@spartancapital.com

    The MIL Network –

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 08.10.2024

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    8 October 2024 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 08.10.2024

    Espoo, Finland – On 8 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,654,395 3.98
    CEUX 694,799 3.98
    BATE – –
    AQEU – –
    TQEX – –
    Total 2,349,194 3.98

    * Rounded to two decimals

    On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing the number of shares to be repurchased during the year 2024. The post-increase repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 22 July 2024 and end by 31 December 2024 with a maximum aggregate purchase price of EUR 600 million for all purchases during 2024.

    Total cost of transactions executed on 8 October 2024 was EUR 9,341,100. After the disclosed transactions, Nokia Corporation holds 159,517,605 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network –

  • MIL-OSI: Nasdaq Resumes Trading in BAIYU Holdings, Inc.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in BAIYU Holdings, Inc. (Nasdaq: BYU) at 9:00 a.m. Eastern Time on October 9, 2024. Trading in the company’s stock was halted on September 5, 2024 at 7:50 p.m. Eastern Time.

    For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.

    For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

    Nasdaq Media Contact:
    Sophia Weiss
    Sophia.Weiss@nasdaq.com

    NDAQO

    The MIL Network –

  • MIL-OSI: AvidXchange Announces Timing of Its Third Quarter 2024 Financial Results Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., Oct. 08, 2024 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that its third quarter 2024 ended September 30, 2024, financial results will be released on Wednesday, November 6, 2024. AvidXchange will host a conference call at 10:00 AM ET on November 6, 2024, to discuss the company’s financial results.

    The call will be broadcast live via webcast at https://ir.avidxchange.com/. Following the completion of the call, a recorded replay of the call will be available on the AvidXchange Investor Relations website.

    About AvidXchange

    AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,000 businesses and it has made payments to more than 1,200,000 supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit http://www.AvidXchange.com.

    Contact:
    Subhaash Kumar
    skumar1@avidxchange.com
    813.760.2309

    The MIL Network –

  • MIL-OSI: Vicor Corporation to Hold Third Quarter Earnings Conference Call and Webcast on October 22, 2024

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., Oct. 08, 2024 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) announced today it will hold its third quarter 2024 earnings conference call and webcast on Tuesday, October 22, 2024 at 5:00 p.m. (Eastern). Prepared remarks regarding the company’s financial and operational results for the three and nine months ended September 30, 2024 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing.

    Results for the third quarter will be released over GlobeNewswire at the close of the NASDAQ Market Session on October 22, 2024, and the press release and a summary of the company’s financial statements will be available shortly thereafter on the Investor Relations page of Vicor’s website.

    Vicor encourages investors and analysts who intend to ask questions via the conference call to register with Notified, the service provider hosting the conference call. Those registering on Notified’s website will receive dial-in info and a unique PIN to join the call as well as an email confirmation with the details. Registration may be completed at any time prior to 5:00 p.m. on October 22, 2024.

    For those parties interested in listen-only mode, the conference call will be webcast via a link that will be posted on the Investor Relations page of Vicor’s website prior to the conference call. Please access the website at least 15 minutes prior to the conference call to register and, if necessary, download and install any required software.

    For those who cannot participate in the live conference call, a webcast replay of the conference call will also be available on the Investor Relations page of Vicor’s website.

    About Vicor

    Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.

    http://www.vicorpower.com

    For further information contact:
    Vicor Corporation
    James F. Schmidt
    Chief Financial Officer
    Office: (978) 470-2900
    Email: invrel@vicorpower.com

    The MIL Network –

  • MIL-OSI: HBT Financial, Inc. to Announce Third Quarter 2024 Financial Results on October 21, 2024

    Source: GlobeNewswire (MIL-OSI)

    BLOOMINGTON, Ill., Oct. 08, 2024 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its third quarter 2024 financial results before the market opens on Monday, October 21, 2024. A copy of the press release announcing the third quarter 2024 financial results and an investor presentation will be made available on the Company’s investor relations website at https://ir.hbtfinancial.com.

    About HBT Financial, Inc.

    HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. HBT Financial provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa through 66 full-service branches. As of June 30, 2024, HBT Financial had total assets of $5.0 billion, total loans of $3.4 billion, and total deposits of $4.3 billion.

    CONTACT:
    Peter Chapman
    HBTIR@hbtbank.com
    (309) 664-4556

    The MIL Network –

  • MIL-OSI: TC Energy announces pricing of cash tender offers

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, has released the pricing terms of its previously announced separate offers (the “Offers”) to purchase for cash up to US$1,750,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the “Notes”).

    The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”) and the notice of guaranteed delivery attached as Appendix A thereto (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

    Set forth in the table below is the applicable Total Consideration for each series of Notes, as calculated as of 2 p.m. (Eastern time) today, Oct. 8, 2024, in accordance with the Offer to Purchase.

    Acceptance
    Priority
    Level(1)    		 Title of Notes(2) Principal
    Amount
    Outstanding (in
    millions)    		 CUSIP / ISIN
    Nos. (2)    		 Reference
    Security(4)    		 Reference Yield Bloomberg
    Reference
    Page(4)    		 Fixed Spread (Basis Points)(4) Total Consideration(3)(4)
    1 2.500% Senior Notes due 2031 US$1,000 89352HBC2 / US89352HBC25 3.875% U.S. Treasury due Aug.15, 2034 4.031% FIT1 +35 $887.76
    2 5.000% Senior Notes due 2043 US$625 89352HAL3 / US89352HAL33 4.125% U.S. Treasury due Aug. 15, 2044 4.387% FIT1 +90 $965.85
    3 4.875% Senior Notes due 2048 US$1,000 89352HAY5 / US89352HAY53 4.625% U.S. Treasury due May 15, 2054 4.316% FIT1 +100 $941.07
    4 5.100% Senior Notes due 2049 US$1,000 89352HAZ2 / US89352HAZ29 4.625% U.S. Treasury due May 15, 2054 4.316% FIT1 +95 $977.29
    5 4.750% Senior Notes due 2038 US$500 89352HAX7 / US89352HAX70 3.875% U.S. Treasury due Aug. 15, 2034 4.031% FIT1 +110 $963.02
    6 4.250% Senior Notes due 2028 US$1,400 89352HAW9 / US89352HAW97 3.50% U.S. Treasury due Sept. 30, 2029 3.857% FIT1 +55 $994.82
    7 4.875% Senior Notes due 2026 US$850 89352HAT6 / US89352HAT68 3.875% U.S. Treasury due Jan. 15, 2026 4.140% FIT4 +45 $1,003.36

    _____________

    (1) Subject to the satisfaction or waiver of the conditions of the Offers described in the Offer to Purchase, if the Maximum Purchase Condition is not satisfied with respect to every series of Notes, the Company will accept Notes for purchase in the order of their respective Acceptance Priority Level specified in the table above (with 1 being the highest Acceptance Priority Level and 7 being the lowest Acceptance Priority Level). It is possible that a series of Notes with a particular Acceptance Priority Level will not be accepted for purchase even if one or more series with a higher or lower Acceptance Priority Level are accepted for purchase.

    (2) No representation is made as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this News Release or printed on the Notes. They are provided solely for convenience.

    (3) For each series of Notes in respect of which a par call date is indicated, the calculation of the applicable Total Consideration (as defined below) has been performed to either the maturity date or such par call date, in accordance with standard market convention.

    (4) The total consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each US$1,000 principal amount of such series of Notes validly tendered for purchase has been based on the applicable Fixed Spread specified in the table above for such series of Notes, plus the applicable yield based on the bid-side price of the applicable U.S. Treasury reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 2 p.m. (Eastern time) today, Oct. 8, 2024. See “Description of the Offers—Determination of the Total Consideration” in the Offer to Purchase. The Total Consideration does not include the applicable Accrued Coupon Payment (as defined below), which will be payable in cash in addition to the applicable Total Consideration.

    The Offers will expire at 5 p.m. (Eastern time) on Oct. 8, 2024, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the “Expiration Date”). Notes may be validly withdrawn at any time at or prior to 5 p.m. (Eastern time) on Oct. 8, 2024, unless extended with respect to any Offer.

    For Holders who deliver a Notice of Guaranteed Delivery and all other required documentation at or prior to the Expiration Date, upon the terms and subject to the conditions set forth in the Tender Offer Documents, the deadline to validly tender Notes using the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) will be the second business day after the Expiration Date and is expected to be 5 p.m. (Eastern time) on Oct. 10, 2024, unless extended with respect to any Offer (the “Guaranteed Delivery Date”).

    Settlement for all Notes tendered prior to the Expiration Date or pursuant to a Notice of Guaranteed Delivery will be four business days after the Expiration Date and two business days after the Guaranteed Delivery Date, respectively, which is expected to be Oct. 15, 2024, unless extended with respect to any Offer (collectively, the “Settlement Date”).

    Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes are accepted for purchase in the Offers will receive the applicable Total Consideration for each US$1,000 principal amount of such Notes in cash on the Settlement Date.

    In addition to the applicable Total Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date (the “Accrued Coupon Payment”). Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company (“DTC”) or its participants.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers. The Offers are not conditioned on the tender of any aggregate minimum principal amount of Notes of any series (subject to minimum denomination requirements as set forth in the Offer to Purchase).

    The Company has retained Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC to act as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers should be directed to Deutsche Bank Securities Inc. at (866) 627-0391 (toll-free) or (212) 250-2955 (collect), J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-4818 (collect), Morgan Stanley & Co. LLC at (800) 624-1808 (toll-free) or (212) 761-1057 (collect), or RBC Capital Markets, LLC at (877) 381-2099 (toll-free) or (212) 618-7843 (collect).

    D.F. King & Co., Inc. will act as the Information and Tender Agent for the Offers. Questions or requests for assistance related to the Offers or for additional copies of the Offer to Purchase may be directed to D.F. King & Co., Inc. in New York by telephone at +1 (212) 269-5550 (for banks and brokers only) or +1 (866) 620-9554 (for all others toll-free), or by email at TCEnergy@dfking.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. The Tender Offer Documents can be accessed at the following link: http://www.dfking.com/transcanada.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Information and Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in DTC will be released.

    Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or withdraw their instruction to participate in the Offers before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.

    This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company, or any of their subsidiaries. The Offers are being made solely pursuant to the Offer to Purchase. The Offers are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, “blue sky” or other laws of such jurisdiction. In any jurisdiction in which the securities laws or “blue sky” laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this announcement, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.

    Forward-looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Expiration Date and settlement dates thereof; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/382e93bc-3de4-4251-b8e5-d81e89cb81a1

    The MIL Network –

  • MIL-OSI: Hanmi Financial Corporation Announces Third Quarter 2024 Earnings and Conference Call Date

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Oct. 08, 2024 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report third quarter 2024 financial results after the market close on Tuesday, October 22, 2024. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

    Investment professionals and all current and prospective shareholders are invited to access the live call on October 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at http://www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches and eight loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at http://www.hanmi.com.

    Contact
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    310-622-8251

    Source: Hanmi Bank

    The MIL Network –

  • MIL-OSI: HAPO Community Credit Union Expands with Acquisition of Community First Bank

    Source: GlobeNewswire (MIL-OSI)

    RICHLAND, Wash. and KENNEWICK, Wash., Oct. 08, 2024 (GLOBE NEWSWIRE) — HAPO Community Credit Union, a leading credit union, and Community First Bank, a trusted provider of financial services in Tri Cities region, jointly announced today that they have entered into a definitive agreement under which HAPO Community Credit Union will acquire Community First Bank. The transaction is structured as a purchase and assumption agreement for HAPO Community Credit Union to acquire and assume substantially all the assets and liabilities of Community First Bank.

    The acquisition of Community First Bank aligns with HAPO’s vision of delivering a broader range of financial products and personalized services while maintaining its core values of member-centricity and community commitment. The acquisition is a strategic move that combines the strengths of both institutions, allowing HAPO to offer an enriched suite of financial products and services while reinforcing the dedication demonstrated by both companies to the Tri Cities and surrounding areas.

    The transaction has been approved by the boards of directors of both institutions. Following the completion of the transaction, Community First Bank will distribute its remaining assets to its shareholders. When finalized, the combined institution will have approximately $2.9 billion in assets, $2.5 billion in deposits, $2.2 billion in loans, serve more than 220,000 members, and will have 25 branches across Washington and Oregon.

    HFG Trust, a subsidiary of Community First Bank, will be restructured as an independent entity, continuing to engage with clients to deliver holistic financial guidance, ensuring sound advice and meticulous execution of services. Clients can continue to rely on the steadfast leadership and experienced team at HFG Trust as the current management and staffing will remain in place dedicated to being their client’s Financial Partner for Life. In addition, HAPO Community Credit Union will enter a strategic partnership with HFG Trust to give its members an option to utilize HFG Trust’s wealth management and trust services.

    HAPO’s President and CEO, Scott Mitchell, expressed enthusiasm about the acquisition: “We are excited to unite with Community First Bank in this strategic acquisition. Both HAPO and Community First Bank have long been committed to serving the Tri Cities and surrounding communities. This acquisition will enhance HAPO’s capacity to support local economic growth and address the financial needs of residents and businesses more effectively. We are thrilled to welcome the talented team at Community First Bank and look forward to providing more services and solutions to our members.”

    Community First Bank’s CEO, Eric Pearson, also shared their excitement: “Joining forces with HAPO Community Credit Union represents an exciting and transformative milestone for both our clients and our dedicated team. At Community First Bank, we’ve always placed the highest value on our relationships with our clients and commitment to our loyal team as well as our role in the community. This partnership allows us to elevate the services we provide while staying true to our core values of transparency, trust, and a client-first approach. Together, we are creating a stronger future, delivering unmatched financial solutions, more opportunities for our employees, and deepening our commitment to the communities we serve.”

    Community First Bank clients and HAPO Community Credit Union members should continue to conduct their business as usual. The transaction is expected to be completed in the mid third quarter of 2025, subject to receiving all regulatory approvals, Community First Bank shareholder approval, and other customary closing conditions. As this transition unfolds, HAPO and Community First Bank’s foremost priority is to ensure that members/clients experience uninterrupted service and are kept well-informed every step of the way. Upon approval, all branches of Community First Bank will be integrated into HAPO’s extensive network, reinforcing the combined organizations commitment to maintaining strong relationships with the people that choose to bank at HAPO.

    HAPO Community Credit Union was advised in this transaction by ALM First Analytics, LLC, as exclusive financial advisor, and Honigman, LLP, as legal counsel.

    About HAPO Community Credit Union

    HAPO Community Credit Union, headquartered in Richland, Washington, is a member-focused financial cooperative dedicated to providing high-quality financial services and products. With a commitment to community involvement and personalized service, HAPO strives to help its members achieve their financial goals and secure their financial future. For more information, please visit http://www.hapo.org.

    About Community First Bank

    Community First Bank, headquartered in Kennewick, Washington, is a well-respected local bank known for its commitment to providing personalized banking solutions and supporting community growth. With a strong presence in the Tri Cities area, Community First Bank has been a trusted partner for individuals and businesses seeking tailored financial services. For more information, please visit http://www.cfbhfg.com.

    About HFG Trust

    HFG Trust is headquartered in Kennewick, Washington, where the wealth management firm first opened its offices in 1983. Since then, they have grown the team and services to offer concierge financial services to both individuals and enterprises alike.

    The MIL Network –

  • MIL-OSI: PrairieSky Royalty Announces Conference Call for Q3 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) — PrairieSky will release its Q3 2024 results on Monday, October 28, 2024 after markets close. The news release detailing PrairieSky’s Q3 2024 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at http://www.prairiesky.com and on SEDAR+ at http://www.sedarplus.com.

    A conference call to discuss the results will be held for the investment community on Tuesday, October 29, 2024 beginning at 6:30 am MT (8:30 am ET). To participate in the conference call, you are asked to register at the link provided below. Details regarding the call will be provided to you upon registration.

    About PrairieSky Royalty Ltd.

    PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    PrairieSky Royalty Ltd.
    Investor Relations
    (587) 293-4000

    http://www.prairiesky.com

    PDF available: http://ml.globenewswire.com/Resource/Download/414b59af-1cc6-4caa-8c98-0e69a9ece839

    The MIL Network –

  • MIL-OSI: Old National Bancorp Announces Schedule for Third-Quarter 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., Oct. 08, 2024 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – Old National Bancorp (“Old National”), the holding company of Old National Bank, today announced the following schedule for its third-quarter 2024 earnings release and conference call:

    Earnings Release: Tuesday, October 22, 2024, at approximately 8:00 A.M. ET
    Conference Call: Tuesday, October 22, 2024, at 10:00 A.M. ET
    Dial-in Numbers: U.S. (800) 715-9871; International: (646) 307-1963; Access code 1586600
    Webcast: Via Old National’s Investor Relations website at oldnational.com
    Webcast Replay: Available approximately one hour after completion of the call, until midnight ET on October 22, 2025, via Old National’s Investor Relations website at oldnational.com
    Telephone Replay: U.S. (800) 770-2030; International: (647) 362-9199; Access code 1586600. The replay will be available approximately one hour after completion of the call until midnight ET on November 5, 2024
       

    ABOUT OLD NATIONAL
    Old National Bancorp is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $53 billion of assets and $30 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2024, Points of Light named Old National one of “The Civic 50” – an honor reserved for the 50 most community-minded companies in the United States.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    The MIL Network –

  • MIL-OSI: AC Reports Preliminary September 30 Book Value of $41.85 to $42.05 Per Share

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) — Associated Capital Group, Inc. (“AC” or the “Company”) (NYSE:AC), announced today a preliminary range for its third quarter book value of $41.85 to $42.05 per share. These estimates are ex the $2 per share special dividend declared in September 2024, which is payable on November 4, 2024 to Class A and Class B shareholders of record on October 21, 2024. This range compares to book values of $42.87 at June 30, 2024, $42.11 per share at December 31, 2023 and $41.43 per share at September 30, 2023.

    AC will be issuing further details on its financial results in November.

    About Associated Capital Group, Inc.
    Associated Capital Group, Inc. (NYSE: AC), based in Greenwich, Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. (“GCIA”). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along several core pillars including Gabelli Private Equity Partners, LLC (“GPEP”), formed in August 2017 with $150 million of authorized capital as a “fund-less” sponsor. We also created Gabelli Principal Strategies Group, LLC (“GPS”) in December 2015 to pursue strategic operating initiatives.

    SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
    Our disclosure and analysis in this press release contain “forward-looking statements”. Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

    Contact:
    Ian J. McAdams
    Chief Financial Officer
    (914) 921-5078
    Associated-Capital-Group.com

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